Stock market Latest News And Updates

The upcoming weekly series has strong put writers at 10,800 that is acting as immediate support for the market The geopolitical tension along with February expiry led to wild swings in the market as Nifty made a low of 10,729 and witnessed a high of 10,939 during the last week, and ended below 10,900. The Nifty50 ended the February series with loss of 0.36 percent at 10,792 vis-à-vis January series. Bank Nifty saw a fall of 1.84 percent during the same period. The Nifty rollovers stood at 60 percent, which was 13 percent below the 3-month average. Lack of momentum in the market pushed the Open Interest (OI) tally to almost a year low.February series saw Nifty Media as top performing sector led by stellar moves in  Dish TV  and  Zee . The Nifty Auto index was the next best performer with two-wheelers and auto- ancillary outperforming. The Nifty PSU banks were the worst performer led by fall in  IDBI  and  Bank of India . Top rollover stock...

  Sensex up nearly 100 points, Nifty well above 10,900; IndusInd Bank up 2%     RIL Q3 PREVIEW  Oil-retail-to-telecom conglomerate Reliance Industries is expected to report strong set of earnings for the quarter-ended December 2018 driven by retail, telecom and petrochemical businesses. But slightly weak performance in refining segment may impact profitability. The country's largest company by market capitalisation will announce its December-quarter earnings on January 17. The key data points to look at in results would be the growth in retail, telecom and petrochemical businesses. "Petrochemical segment is expected to do better due to healthy deltas and strong volume growth in the segment. Positive developments in the telecom and retail segments should drive growth further for the company," Motilal Oswal said. Antique Stock Broking said consolidated profit could be marginally higher QoQ  (and up 3 percent YoY) on robust profitability in retail s...